DELAY PAYMENT CHARGES definition
DELAY PAYMENT CHARGES means the charges payable by the Allottee(s) to the Promoter for delay in payment of any due amount, installment, charges etc. agreed to be paid under this Agreement, at the rate of State Bank of India highest marginal cost of lending Rate plus 2 (two) percent or such other rate as may be applicable from time to time as per the Act and Rules made thereunder.
DELAY PAYMENT CHARGES means interest at the rate equivalent to State Bank of India’s highest marginal cost of lending rate plus 2% (two percent) or such other rate prescribed under the applicable law.
DELAY PAYMENT CHARGES means the charges to be paid on account of delay in the payment as interest on the amount due at the Interest Rate (Specified herein below).
More Definitions of DELAY PAYMENT CHARGES
DELAY PAYMENT CHARGES means the interest payable by the Allottee(s) to the Promoter for delay in payment of any due amount, installment, charges etc. computed on Interest Rate.
DELAY PAYMENT CHARGES means interest as may be prescribed under the Punjab State Real Estate (Regulation and Development) Rules-2017;
DELAY PAYMENT CHARGES means interest equivalent to State Bank of India’s highest marginal cost of lending rate plus 2% or any other rate of interest as may be prescribed under the Haryana Real Estate (Regulation and Development) Rules- 2017;
DELAY PAYMENT CHARGES means the charges that are payable by the allottee(s) to the Promoter/Owneron account of delay in payment of any due amount, charges, instalments etc. Such charges shall be calculatedat the interest rate, defined herein below, along with all applicable taxes in this regard.
DELAY PAYMENT CHARGES means interest equivalent to State Bank of India’s highest marginal cost of lending rate plus 2% or any other rate of interest as may be prescribed under Applicable Laws. “▇▇▇▇▇▇▇ Money” shall be 10% of the Total Consideration to be paid by the Allottee as per the Schedule of Payments for the due fulfilment of the obligations of the Allottee for the Unit in the Project.